Vanderlande, a provider of future-proof logistic process automation for the warehousing, airports and parcel sectors, has signed an agreement to acquire Siemens Logistics, a provider of value-added baggage and cargo handling as well as transformational digital solutions for the airport operation of the future from the company’s current owner Siemens.
The acquisition has received full approval and support from the Supervisory and Management Boards of both Vanderlande and its parent company Toyota Industries Corporation (TICO) as well as the Management Board of Siemens.
With this acquisition, Vanderlande is building a firm foundation for sustainable growth within the wider automated logistics market based on the strong and reliable contribution of its airport business.
Andrew Manship, Vanderlande’s President & CEO, commented, “Siemens Logistics’ innovative approach and robust business model align perfectly with Vanderlande’s vision for the future. Its forward-thinking and innovative mindset also proves its ability to adapt to changing market dynamics. Our customers will benefit from a broader range of solutions and services, enabling them to address their challenges more effectively.”
“As a distinguished provider of solutions for airport logistics, Siemens Logistics enjoys a first-class reputation in the baggage and air-cargo handling areas. Together with Vanderlande and our committed global teams, we look forward to bringing fresh impetus to the airport industry and to supporting our customers’ business with future-oriented technologies,” said Michael Schneider, CEO of Siemens Logistics. “Our innovative portfolio of high-performance hardware and software along with extensive offerings for smart services will perfectly complement Vanderlande’s portfolio and continue to drive automation and digitalization within the industry. A future joint set-up will offer our customers as well as our teams significant development and value-add potential.”
The transaction is subject to customary regulatory approvals, and closing is expected during the calendar year 2025.
